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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Crossroads (+60) - PLNSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNSEK
Open High Low PLNSEK Price Change
2.69045 2.70300 2.67970 2.69150 +0.00105
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term up The long-term trend has been UP since Dec 3rd, 2023 at 2.67335

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2.66185

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 2.69485

Smart Scan Analysis for PLNSEK

Based on our trend formula, PLNSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.69045 2.70300 2.67970 2.69150 +0.00105
Prev. Close Volume Bid Ask Time
2.69045 2024-04-18 17:50:45
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